The Reserve Bank moved to keep the OCR on hold, and it caused a stir among financial experts.

The markets had priced in a 95 percent chance that the cash rate would go up - resulting in a sharp weakening of the New Zealand dollar.

Milford Asset Management expert Remy Wisenberg explained the impacts further.

LISTEN ABOVE

The Reserve Bank moved to keep the OCR on hold, and it caused a stir among financial experts.
The markets had priced in a 95 percent chance that the cash rate would go up - resulting in a sharp weakening of the New Zealand dollar.
Milford Asset Management expert Remy Wisenberg explained the impacts further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Remy Wisenberg: Milford Asset Management expert on the market reactions to the OCR being kept on hold

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/611e8e4d-a923-4236-8bd3-b4f100714c28/transcript